Detached house in Rua Monte Canelas, Monte Canelas, Mexilhoeira Grande
Detached house in Rua Monte Canelas, Monte Canelas, Mexilhoeira Grande — image 2Detached house in Rua Monte Canelas, Monte Canelas, Mexilhoeira Grande — image 3Detached house in Rua Monte Canelas, Monte Canelas, Mexilhoeira Grande — image 4Detached house in Rua Monte Canelas, Monte Canelas, Mexilhoeira Grande — image 5
Grade Avillamid-range

Detached house in Rua Monte Canelas, Monte Canelas, Mexilhoeira Grande

Portimão · Western Algarve ·

€890,000

Asking Price (EUR)

5.2%

True Net Yield (Owner, all-in)

3.6%

True Net Yield (Managed, all-in)

8.1%

True Gross Yield

47%

Occupancy

Projections — conservative (data maturing)

Our Airbnb calendar dataset started 1.7 months ago and is currently at 15% maturity. Yields shown apply a conservative calibration (realised-ADR factor 0.74, occupancy cap 66%) that auto-fades to full fidelity by April 2027.

Projected Gross Revenue: €80,982/yr
Average Daily Rate: €470
+18.0% vs area baselineImage quality 8/10 (+3%), Portuguese-traditional style (+5%), Has pool (0%), Has view (+10%)
Payback Period: 13.6 years
5-yr Capital Value: €1.2M
10-yr Capital Value: €1.4M
Brixfox Score: 75.1 / 100
Comparable Properties: 6
Data Confidence: 67%
Search Radius: 6 km

True Investment Cost

Portuguese transfer tax (IMT) + stamp duty (IS) + notary + registration + legal + renovation + full furnishing & STR launch setup.

€1.0M

+12.9% over asking

Asking price€890,000
IMT — Property transfer tax (investment schedule)€53,400
IS — Stamp duty (0.8%)€7,120
Notary (escritura)€1,000
Property registry€250
Legal fees (~1.5%)€13,350
Total acquisition costs€75,120
Renovation€0 — move-in ready
Furnishing & STR launch (4bd × €4500 base, mid-range tier)
Furniture, appliances, electronics, linens, AL licence setup, launch photography.		€40,050
All-in investment (incl. renovation & furnishing)€1.0M

Gross yield (asking price)

9.1%

True gross yield (all-in)

8.1%

Estimates use Portugal's investment IMT schedule (non-permanent residence). Actual notary & legal vary; budget +€500–1,000 for surveyor, due-diligence and bank-mortgage fees if financing. Renovation cost is a heuristic on property condition × m² — verify with a site visit. Furnishing uses finish-level-tiered rates covering beds, living, kitchen, electronics, AL licence, linens & professional photography. Working capital (2-3 months operating buffer) not included.

Bedrooms: 4
Bathrooms: 3
Building: 402 m²
Land: 675 m²
Style: portuguese-traditional
Condition: excellent
Year Built: 2008
Energy Certificate: C
Private Pool
View

AL Licence Status Unconfirmed

AL licence status unconfirmed — verify before purchase

Design Features

landscaped garden with stone pathcovered outdoor dining areacarport

Score Breakdown

ROI
19.12
Visual Appeal
13.6
Ownership Security
13
Location
8.4
Land & Space
10.24
Rental Demand
4.72
Payback Speed
3
STR Suitability
3

Description

V4 villa with swimming pool - Gross area: 402 m2 - Land: 675 m2 Located in the famous and highly sought-after Monte Canelas urbanization, just 15 minutes from Portimão and Alvor, as well as their magnificent beaches, this property benefits from a prime location: 5 minutes from the highway and 45 minutes from Faro Inte

Location

📍 37.2063°N, 8.5907°W

· Portimão, Algarve, Portugal

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Idealista.pt
Portimão / Western Algarve

Detached house in Rua Monte Canelas, Monte Canelas, Mexilhoeira Grande

Inventory
4 Beds
Bathrooms
3 Baths
Built Area
402 m²
Land Plot
675 m²
Tenure
Freehold
Yield Curve Status

Grade A investment — short-term rental yields 6.2% net return annually.

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The Investment

Brixfox Score75
GradeA
Brixfox Intelligence
75AExcellent
Score Breakdown
ROI & Yield83%
Capital Growth79%
Risk Profile76%
Market Demand75%

The Brixfox Score is our proprietary AI-powered rating that evaluates rental ROI, capital appreciation potential, risk factors, and local market dynamics to give you a single investment quality metric.

Pro members get full score breakdown with AI recommendations
Average annual ROI over 5 years, combining both rental income and property value growth.
Total
+11.1%
Per Year (5yr avg)
Annualized projected property value change based on historical area appreciation rates (5-year average).
Capital Growth
+4.9%
+$219K in 5yr (+25%)
Estimated monthly net income after deducting management fees, operating costs, and taxes.
ROI Nett Rental Income
6.2%
$4,987/mo
Estimated time for the total investment value (equity + accumulated rent) to double.
100% Profit
9 yr
Combined
Number of years to fully recoup the initial purchase price using only net rental income.
Payback
16.2 yr
Rental only

Property details

Year built: 2008
Energy: C
Condition: excellent

Description

V4 villa with swimming pool - Gross area: 402 m2 - Land: 675 m2 Located in the famous and highly sought-after Monte Canelas urbanization, just 15 minutes from Portimão and Alvor, as well as their magnificent beaches, this property benefits from a prime location: 5 minutes from the highway and 45 minutes from Faro Inte

Income Breakdown

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Nightly Rate (ADR)
$688/night
50% ($316)Brixfox estimate($688/night)200% ($1265)
Occupancy
47%
10%Brixfox estimate(47%)100%

Short-Term Rental

Yearly income
$59,849
Airbnb data$688/night · 47% occupancy
Rental income
$688/night · 47% occ.
$118,350
Running costs (20%)
Utilities, cleaning, maintenance
-$23,670
Income tax (10%)
Indonesian rental income tax
-$33,138
Property tax
Annual property tax
-$1,693
Net income
6.2% ROI
$59,849

Long-Term Rental

No long-term rental data available

Not enough comparable rentals in this area

True all-in investment

What the headline asking price actually costs once mandatory taxes, fees, renovation, and furnishing are added. Yields rebased onto this number — closer to what you'll really earn against what you'll really pay.

Asking price$967,391
IMT (transfer tax, investment schedule)$58,043
Imposto de Selo (stamp duty)$7,739
Notary & registration$1,359
Legal / due diligence$14,511
Total acquisition costs$81,652
RenovationMove-in ready
Furnishing & STR launch
4bd × $4,891 base + appliances, electronics, outdoor, licence, photography, linens.		$41,359
All-in investment$1,090,402

Gross yield (asking)

12.2%

True gross yield (all-in)

10.9%

Estimates use Portugal's standard transfer tax + typical legal/notary defaults. Verify with local counsel before committing — actual fees vary by deal structure.

Growth & Exit Strategy

How your investment grows over time

Freehold — 4%/yr appreciation in Portimão.

$6.3M$4.7M$3.2M$1.6M$0Yr 0Yr 5Yr 10Yr 15Yr 20Yr 25Yr 30Paid back2x ReturnToday: $890K
Capital appreciation
Property value growing at +4%/yr based on Portimão market trends.
Rental income
Cumulative net rental earnings collected over time, growing with annual revenue increases.
Total return
Capital value + rental income. Your actual total position if you sold and kept all rent.
Paid back
Year 14: rental income alone has repaid the full purchase price.
2x return
Year 9: total gains (capital + rental) have doubled your initial investment.
Year 5
Capital Value
$1.1M
+22%
Rental Income
+$292K
Total Position
$1.4M
+55%
9.1%/yr
Year 10
Capital Value
$1.3M
+48%
Rental Income
+$631K
Total Position
$1.9M
+119%
8.2%/yr
Year 20
Capital Value
$2.0M
+119%
Rental Income
+$1.5M
Total Position
$3.4M
+285%
7.0%/yr
Year 30
Capital Value
$2.9M
+224%
Rental Income
+$2.6M
Total Position
$5.5M
+519%
6.3%/yr

Location

Portimão

Western Algarve, Approximate area

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Villa Scorecard

Location
Average
Emerging or secondary location
Rental Yield
Good
6.2% annual return
Occupancy
Average
47% average occupancy
Nightly Rate
Strong
$633 per night
Visual Appeal
Good
7/10 instagrammability
Size & Space
Strong
675 m² land area
Zoning
Average
STR zoning not confirmed
Tenure
Strong
Freehold ownership

Top Highlights

Premium nightly rate of $633 — positioned in the top tier
Generous 675 m² land — room for expansion or amenities
Freehold ownership — maximum long-term security

Watch Out

Secondary location — rental demand may be lower than premium areas
Occupancy at 47% — factor in seasonal gaps

This villa is a strong investment. High rental demand and good returns make it suitable for both active and passive investors.

Risks & What-If

What if occupancy changes?

Owner Managed scenario

30% occ.
5.3%
$4,251/mo
40% occ.
7.1%
$5,715/mo
47% occ.
8.4%
$6,763/mo
current
57% occ.
10.2%
$8,227/mo

Data Sources & Methodology

ROI calculations use verified Brixfox Intelligence rental data from a 12-month trailing window. Opex: 20% owner-managed, 45% fully-managed. Includes 10% Indonesian rental tax (PPh) and annual property tax (PBB). Market factors in Portugal may impact actual yields.